Rock's Hot Stock Sock Hop

November 8, 1986|By Orange

Great balls of fire! Everyone always knew you could rock around the clock, but if the ageless Dick Clark -- that perennial emcee of teen music shows -- gets his way, you'll also be able to rock around with stock.

That's right: Dick Clark Productions Inc. is going public. The company proposes to sell 1.6 million shares in the $8-to-$10 range, roughly the price of, say, three Paul Anka albums, way back when.

We can just see the annual stockholders' meeting now: Minutes by Little Anthony and the Imperials. Treasurer's report by Chuck Berry. Old business? Hey, the Shirelles, who else? New business? Oh, Mr. Clark was always finding some new business -- Danny and the Juniors, for example.

Oh, by the way, feel free to take your shoes off. At this annual stockholders' meeting, the aisles are for dancing.